Health and Healthcare
Medco Health Solutions Files Shelf Registration (MHS)
Published:
Last Updated:
Medco Health Solutions, Inc. (NYSE: MHS) has just made an SEC Filing that will allow the company to raise capital in the near future if it chooses. While this could be a large offering, there is actually not an "up to" amount noted, so this is an open filing that will be on the shelf if it chooses. No underwriters for such offering(s) were designated either.
It lists that it will be able to sell Debt, Preferred shares, common stock, warrants, purchase contracts, and units as the securities that can be sold. These are actually quite common, although shelf registrations frequently are more specific.
The use of proceeds is also a cookie cutter statement as they are for general corporate purposes, which could include working capital, capital expenditures, acquisitions, refinancing other debt or other capital transactions. This was listed as one of Jim Cramer’s "picks for 5-years out" in previous coverage.
Jon C. Ogg
March 12, 2008
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
